Altitude Group (ALT)

Sector:

Media

Index:

FTSE AIM All-Share

 49.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 117.50
  • 52 Week Low: 44.00
  • Currency: UK Pounds
  • Shares Issued: 68.84m
  • Volume: 10,500
  • Market Cap: £33.73m
  • RiskGrade: 625

Altitude enthusiastic on future as order frequencies continue to grow

By Iain Gilbert

Date: Tuesday 27 Nov 2018

LONDON (ShareCast) - (Sharecast News) - Promotional products software provider Altitude Group has traded in line with management expectations so far this year and expects to be "broadly in line" with market forecasts for the full year.
Altitude, which turned in a first-half operating loss of £700,000 back in September, revealed order frequencies had "grown consistently" throughout the third quarter, demonstrating growing traction with ordering members and confirming that regular interaction between 'member' clients and its engagement team had directly correlated to increased order throughput.

The company operates a software as a service model where it provides of technology and information services to the promotional products, print and clothing industries.

Chief executive Nichole Stella, said: "As we approach the end of 2018 and begin preparations for the new year, I am enthusiastic about the traction that is building in both users on the platform and in transactional throughput and fee revenue across the AIMPro platform."

"We look forward to the future with the confidence as we continue to build on the momentum within the AIM member base."

In a separate announcement, Altitude revealed it had appointed former Revolution Bars chairman Keith Edelman to its board as an independent non-executive director.

As of 1030 GMT, Altitude shares had slipped 2.62% to 83.55p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Altitude Group Market Data

Currency UK Pounds
Share Price 49.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 117.50
52 Week Low 44.00
Volume 10,500
Shares Issued 68.84m
Market Cap £33.73m
RiskGrade 625

Altitude Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.73% below the market average78.73% below the market average78.73% below the market average78.73% below the market average78.73% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Price Trend
56.69% below the market average56.69% below the market average56.69% below the market average56.69% below the market average56.69% below the market average
48.48% below the sector average48.48% below the sector average48.48% below the sector average48.48% below the sector average48.48% below the sector average
Income Not Available
Growth
56.69% above the market average56.69% above the market average56.69% above the market average56.69% above the market average56.69% above the market average
61.29% above the sector average61.29% above the sector average61.29% above the sector average61.29% above the sector average61.29% above the sector average

Altitude Group Dividends

No dividends found

Trades for 14-Oct-2019

Time Volume / Share Price
09:14 3,500 @ 48.08p
08:12 5,000 @ 50.70p
08:03 2,000 @ 48.05p

Altitude Group Key Personnel

CFO Graeme Couturier
COO Deborah Wilkinson

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